Common use of Form and Transferability of Trust Securities Clause in Contracts

Form and Transferability of Trust Securities. (a) Except as otherwise required by the Clearing Agency, Trust Securities shall be evidenced by certificates engraved, printed or lithographed or may be produced in any other manner as is reasonably acceptable to the Regular Trustees and in substantially the form set forth in Exhibit A annexed to this Trust Agreement, with the appropriate insertions, modifications and omissions, as hereinafter provided.

Appears in 3 contracts

Samples: Trust Agreement (Pennsylvania Electric Co), Trust Agreement (Met Ed Capital Trust), Trust Agreement (Penelec Capital Trust)

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Form and Transferability of Trust Securities. (a) Except as otherwise required by the Clearing Agency, Trust Securities shall be evidenced by certificates engraved, printed or lithographed or may be produced in any other manner as 21 is reasonably acceptable to the Regular Trustees and in substantially the form set forth in Exhibit A annexed to this Trust Agreement, with the appropriate insertions, modifications and omissions, as hereinafter provided.

Appears in 1 contract

Samples: Trust Agreement (Metropolitan Edison Co)

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